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SPECIAL REPORT: OBAMA ADMINISTRATION RELEASES FISCAL YEAR 2014 BUDGET
Created by on 04/11/2013

On April 10th, President Barack Obama released his fiscal year (FY) 2014 budget. The $3.77 trillion request adheres to the FY 2014 spending limit that was included in the Budget Control Act passed by Congress in 2012. It replaces sequestration (for FY 2014 and beyond) with $1.8 trillion in additional deficit reduction including new tax revenue, savings in health care and mandatory programs, and another $200 billion in discretionary spending cuts, split evenly between defense and non-defense accounts.

The Budget confirms the Obama administration’s commitment to science and research by increasing non-defense research and development investment by nine percent above the 2012 level. Funding for the National Institutes of Health (NIH), the National Science Foundation (NSF), the Department of Energy Office of Science (DOE SC), the Agriculture and Food Research Initiative (AFRI) at the U.S. Department of Agriculture, and the Veterans Administration (VA) Medical and Prosthetic Research Program would increase above the FY 2012 enacted levels. The chart below summarizes funding for these federal science programs in comparison to the Federation of American Societies for Experimental Biology’s (FASEB) FY2014 budget recommendations.

The President’s FY 2014 Budget overview, and specific details and funding tables for each agency and program, can be found in the departmental factsheets available on the Office of Management and Budget web site.

 

AGENCY

FY 2014 PRESIDENT’S BUDGET

FASEB FY 2014 RECOMMENDATION

NIH

$31 billion

$32 billion

NSF

$7.6 billion

$7.4 billion

DoE SC

$5 billion

$5.1 billion

VA MEDICAL AND PROSTHETIC RESEARCH

$586 million

$621 million

AFRI

$386 million

$325 million


 


 

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